CommScope Holding Company (VISN) financial statements
CommScope Holding Company reported revenue of $1.9B in fiscal 2025, down 9.9% a year over 9 years.
Net income was $2.3B and the operating margin 2.5%, against 11.5% in 2016.
Free cash flow was $253M.
The diluted share count rose 17% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from CommScope Holding Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.9B | $4.6B | $4.6B | $8.3B | $8.4B | $6.7B | $5.8B | $1.9B | $1.4B | $1.9B |
| Cost of revenue | $2.9B | $2.9B | $2.9B | $5.9B | $5.7B | $4.3B | $3.8B | $964M | $778M | $976M |
| Gross profit | $2.0B | $1.7B | $1.6B | $2.4B | $2.7B | $2.4B | $2.0B | $900M | $605M | $956M |
| Research and development | $201M | $186M | $186M | $578M | $703M | $565M | $452M | $319M | $248M | $284M |
| Selling, general and admin | $882M | $733M | $674M | $1.3B | $1.2B | $1.1B | $908M | $512M | $472M | $497M |
| Operating income | $568M | $472M | $450M | -$508M | -$52M | $197M | -$935M | -$660M | -$292M | $48M |
| Interest expense | $278M | $257M | $242M | $577M | $578M | $561M | $589M | $676M | $687M | — |
| Pre-tax income | $273M | $210M | $171M | -$1.1B | -$654M | -$389M | -$1.5B | -$573M | -$273M | $55M |
| Income tax | $50M | $16M | $30M | -$144M | -$81M | -$39M | -$91M | $80M | -$67M | -$269M |
| Net income | $223M | $194M | $140M | -$930M | -$573M | -$463M | -$1.3B | -$1.5B | -$316M | $2.3B |
| EPS (diluted) | $1.13 | $0.98 | $0.72 | -$5.02 | -$3.20 | -$2.55 | -$6.49 | -$7.44 | -$1.78 | $9.63 |
| Diluted shares | 196M | 197M | 195M | 194M | 197M | 204M | 207M | 211M | 214M | 230M |
| Gross margin | 41.2% | 37.4% | 35.8% | 28.8% | 32.6% | 36.2% | 34.3% | 48.3% | 43.8% | 49.5% |
| Operating margin | 11.5% | 10.3% | 9.9% | -6.1% | -0.6% | 2.9% | -16.2% | -35.4% | -21.1% | 2.5% |
| Net margin | 4.5% | 4.2% | 3.1% | -11.1% | -6.8% | -6.9% | -22.2% | -80.8% | -22.8% | 118.2% |
Balance sheet
Fiscal years, from CommScope Holding Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $428M | $454M | $458M | $598M | $522M | $360M | $373M | $500M | $404M | $614M |
| Receivables | $952M | $899M | $810M | $1.7B | $1.5B | $1.5B | $1.2B | $582M | $252M | $273M |
| Inventory | $473M | $445M | $473M | $976M | $1.1B | $1.4B | $1.4B | $901M | $403M | $239M |
| Total current assets | $2.0B | $1.9B | $1.9B | $3.5B | $3.4B | $3.6B | $3.7B | $2.8B | $3.5B | $5.8B |
| Property, plant and equipment | $475M | $467M | $451M | $724M | $684M | $656M | $601M | $433M | $82M | $50M |
| Goodwill | $2.8B | $2.9B | $2.9B | $5.5B | $5.3B | $5.2B | $3.5B | $757M | $760M | $269M |
| Total assets | $7.1B | $7.0B | $6.6B | $14.4B | $13.6B | $13.3B | $11.7B | $9.3B | $8.7B | $9.4B |
| Total current liabilities | $858M | $724M | $691M | $2.0B | $2.0B | $2.2B | $2.1B | $1.4B | $1.2B | $1.5B |
| Long-term debt | $4.5B | $4.4B | $4.0B | $9.8B | $9.5B | $9.5B | $9.5B | $9.2B | $9.2B | $7.3B |
| Total liabilities | $5.7B | $5.4B | $4.9B | $12.6B | $12.2B | $12.4B | $12.1B | $11.2B | $11.0B | $9.1B |
| Shareholders' equity | $1.4B | $1.6B | $1.8B | $836M | $355M | -$157M | -$1.5B | -$3.0B | -$3.5B | -$1.0B |
| Net debt | $4.1B | $3.9B | $3.5B | $9.2B | $9.0B | $9.2B | $9.1B | $8.8B | $8.8B | $6.6B |
Cash flow
Fiscal years, from CommScope Holding Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $640M | $586M | $494M | $596M | $436M | $122M | $190M | $297M | $273M | $323M |
| Capital spending | $68M | $69M | $82M | $104M | $121M | $131M | $101M | $61M | $25M | $70M |
| Free cash flow | $572M | $518M | $412M | $492M | $315M | -$9M | $89M | $237M | $248M | $253M |
| Stock-based compensation | $35M | $42M | $45M | $91M | $115M | $80M | $61M | $47M | $29M | $43M |
| Share buybacks (net) | — | -$175M | — | — | — | — | — | — | — | — |
| Net borrowing | -$699M | -$210M | -$400M | $3.9B | -$332M | -$32M | -$32M | -$32M | $11M | -$2.0B |
| Free cash flow margin | 11.6% | 11.3% | 9.0% | 5.9% | 3.7% | -0.1% | 1.5% | 12.7% | 17.9% | 13.1% |
Questions
What was CommScope Holding Company's revenue in 2025?
$1.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does CommScope Holding Company generate?
$253M in fiscal 2025 (operating cash flow minus capital spending).
From CommScope Holding Company's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.